Main Component Finish Process
The finishing process “Oxide” was (negatively) predictive of profitability.
DATA505 Final Presentation
Predicting Part Profits
We used a linear regression model to predict which of CravenSpeed’s parts will be most profitable over time. Overall, we found that parts like the FlexPod are likely to be most profitable for CravenSpeed. It is a small, inexpensive plastic part that is useful for many makes, models, and years.
Importance Chart
We used a random forests technique to show which features are most important to this model.
Number of Components
We converted this to a number, ranging from 0 to 31 included in each SKU.
Percent Ordered for Stock
This variable suggests retailers are ordering this product.
Product Type
A few product types are especially profitable over the period of this dataset.
Percent Drop Shipments
This feature suggests that long-term profitability has a negative correlation with drop shipments.
Listing Type
Variants tend to be less profitable.
Year Range
We created this feature to show the number of model years a product works for.
Main Component Material
Main Component Mfg Process
